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Ottawa - OTTW STOCK NEWS

Welcome to our dedicated page for Ottawa news (Ticker: OTTW), a resource for investors and traders seeking the latest updates and insights on Ottawa stock.

Ottawa Bancorp, Inc. (symbol: OTTW) is the holding company for Ottawa Savings Bank, a financial institution headquartered in Ottawa, Illinois. Established in 1871, Ottawa Bancorp has a longstanding history of providing a wide range of financial services to both individual and corporate customers in Illinois.

The company's deposit products include checking accounts, money market accounts, regular savings accounts, club savings accounts, certificates of deposit, and various retirement accounts, catering to diverse customer needs. The bank also offers a comprehensive loan portfolio that encompasses one-to-four family residential real estate mortgage loans, home equity lines of credit, multi-family loans, non-residential real estate loans, agricultural real estate loans, commercial loans, construction loans, and consumer loans such as auto loans, share loans, and personal unsecured loans.

Ottawa Bancorp has a strong reputation for stability and reliability, which is further demonstrated by its consistent financial performance and the commitment to serving the community. The company has undergone significant changes over the years, including a name change from Ottawa Savings Bancorp, Inc. to Ottawa Bancorp, Inc. in October 2016.

Recent financial reports show detailed comparisons of operational results for various periods, highlighting the bank's performance over time. For instance, the results for the three and nine months ended September 30, 2023, were compared with the same periods in 2022, providing insights into the bank's growth and financial health.

The company's leadership consists of experienced professionals like Craig Hepner, President and Chief Executive Officer, and Marc N. Kingry, Senior Vice President and Chief Financial Officer, who are dedicated to steering the bank towards continued success.

For the latest updates and detailed financial performance, you can contact Craig Hepner at (815) 366-5437 or Marc N. Kingry at (815) 433-2525.

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Ottawa Bancorp, Inc. appoints Mark D. Alcott to its Boards of Directors under a standstill agreement with the Stilwell Group. The agreement includes share repurchase commitments and restrictions on the Stilwell Group's actions. The Company aims to enhance stockholder value through capital management strategies.
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Ottawa Bancorp, Inc. (OTTW) declares a quarterly cash dividend of $0.11 per share, showcasing financial stability and commitment to shareholders.
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Ottawa Bancorp, Inc. announced the retirement of Arthur Mueller from the Board of Directors and the appointment of Greg Mueller as Director. The Company reported a net income of $0.2 million for the three months ended December 31, 2023, compared to $0.5 million for the same period in 2022. For the year ended December 31, 2023, net income was $1.7 million, down from $2.5 million in 2022. The loan portfolio increased to $312.2 million, but non-performing loans rose to $4.8 million. The Company faced challenges due to the higher interest rate environment and a decline in mortgage banking operations.
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Ottawa Bancorp, Inc. (OTCQX: OTTW) has scheduled its annual meeting of shareholders for May 15, 2024. The meeting will address important decisions and updates for the company and its stakeholders.
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Ottawa Bancorp, Inc. (OTTW) Declares Quarterly Cash Dividend of $0.11 per Share
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Ottawa Bancorp, Inc. (OTCQX: OTTW) announced net income of $0.5 million for Q3 2023, compared to $0.3 million for Q3 2022. The loan portfolio increased to $313.5 million, and non-performing loans rose to $4.8 million. The company's President and CEO, Craig Hepner, highlighted the impact of the higher interest rate environment on earnings and liquidity.
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Ottawa Bancorp declares quarterly cash dividend of $0.11 per share
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FAQ

What is the current stock price of Ottawa (OTTW)?

The current stock price of Ottawa (OTTW) is $14.5501 as of February 28, 2025.

What is the market cap of Ottawa (OTTW)?

The market cap of Ottawa (OTTW) is approximately 34.7M.

What services does Ottawa Bancorp Inc. provide?

Ottawa Bancorp Inc. offers a range of financial services including deposit products, various types of loans, and retirement accounts.

Where is Ottawa Bancorp Inc. headquartered?

Ottawa Bancorp Inc. is headquartered in Ottawa, Illinois.

When was Ottawa Bancorp Inc. founded?

Ottawa Bancorp Inc. was founded in 1871.

What changes has the company undergone?

The company changed its name from Ottawa Savings Bancorp, Inc. to Ottawa Bancorp, Inc. in October 2016.

Who are the key executives at Ottawa Bancorp Inc.?

Key executives include Craig Hepner, President and CEO, and Marc N. Kingry, Senior VP and CFO.

What types of loans does Ottawa Bancorp offer?

Ottawa Bancorp offers residential mortgages, home equity lines of credit, multi-family loans, commercial loans, agricultural loans, and various consumer loans.

How can I contact Ottawa Bancorp for more information?

You can contact Craig Hepner at (815) 366-5437 or Marc N. Kingry at (815) 433-2525.

What is the latest financial performance of Ottawa Bancorp?

Recent financial reports show comparisons of operational results for periods ending in 2023, highlighting the bank's financial health.

Does Ottawa Bancorp offer retirement accounts?

Yes, Ottawa Bancorp provides various retirement accounts as part of its deposit products.

What is the ticker symbol for Ottawa Bancorp Inc.?

The ticker symbol for Ottawa Bancorp Inc. is OTTW.
Ottawa

OTC:OTTW

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OTTW Stock Data

34.73M
3.12M
0.16%
Banks - Regional
Financial Services
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United States
Ottawa